Gold is making LH and LL and is bearish. It has just made a fib retracement at 0.618 therefore making a C of the ABCD pattern. It will continue to go downwards therefore Going Short on Gold.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.